BEA – October 2023 CORE PCE
The BEA released their October core inflation report today and it has some really useful information. Let’s take a look at some of the charts. The Fed’s preferred measure of…
October 2023 – Top US Trading Partner Inflation
We did a review of inflation across the top US trading partners and things seem to be moderating across the world. Let’s take a look. The average inflation rate for…
Happy Thanksgiving!
For U.S. based readers, Happy Thanksgiving! We’ll be taking the next few days off.
Oct 2023 – Social Security Enrollments Up 132,000
The Social Security Administration publishes a monthly snapshot of social security recipients which you can find the October report here. According to the over 65 enrollment numbers, there was an…
Labor Shortages: Minnesota
The State of Minnesota continues to have labor shortages and retail continues to struggle so much that some retail stores are shortening their hours. From MPRNews: The labor challenges prompted…
BLS: PPI October 2023
The BLS released PPI report and while goods inflation is down, services (the labor part) is unchanged. From the BLS: PRODUCER PRICE INDEXES – OCTOBER 2023 The Producer Price Index…
BLS: CPI October 2023
The BLS released the October inflation report and there is an interesting observation we have made, we call it “people wage inflation.” From the BLS: CONSUMER PRICE INDEX – OCTOBER…
BLS: September JOLTS 9.6 Million
The BLS released the monthly JOLTS report and it shows very little change from prior month. From the BLS: The number of job openings changed little at 9.6 million on…